HEIST

HEIST is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Abraxas Production Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,382 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $204K, with roughly $39K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 59 barrels a month. Its strongest month on the record we hold was November 2017, at 99 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about HEIST

Who operates HEIST?
HEIST is operated by Abraxas Production Corporation, Railroad Commission of Texas operator number 003140.
Where is HEIST?
HEIST is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66134.
Is HEIST still producing?
HEIST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEIST is August 2026.
How much has HEIST produced?
HEIST has reported 25,382 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is HEIST worth?
The remaining production from HEIST is estimated to be worth about $204K in total as of 27 August 2026, within a range of $112K to $296K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEIST is a fraction of it. The estimate fits an Arps decline curve to the production HEIST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEIST is an estimate of value, not an offer and not an appraisal.
How much income does HEIST generate in a year?
HEIST is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HEIST receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HEIST as filed with the Railroad Commission of Texas
OperatorAbraxas Production Corporation
FieldHartley (San Andres)
CountyYoakum County, Texas
RRC district8A
Lease number66134
Wellbores1
Reported production25,382 bbl
First reported
Last reported
Estimated royalty value$204K

Where HEIST sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.